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Essel Finance to Launch its Mutual Fund Business Today

October 31, 2017

Essel Finance to Launch its Mutual Fund Business Today

India’s leading financial services company Essel Finance Management (EFM) is to launch its mutual fund business today with an aim to capitalize on the growing industry in the country.

EFM’s managing director Amitabh Chaturvedi said that they hope to double the company’s assets under management (AUM) within the next 5-6 years. The target is to secure a large portion of growth with Rs. 1 lakh crore AUM for the Essel Mutual Fund in 7-8 years.

EFM is widely recognized for its financial services such as SME business loans, housing finance, investment banking, etc.

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